Friday, April 21, 2006

GAS SHORTAGE ON THE US EAST COAST

Big surprise, right?

http://www.nbc10.com/news/8847571/detail.html

From the article:
Gas stations in three East Coast states ran out of fuel on Thursday as gas prices soared. Shortages were reported in Delaware, New Jersey and Pennsylvania on Thursday afternoon. They could last as long as 30 days.

NBC 10 was live at one gas station when the pumps went dry at rush hour.


It has begun! (I'm guessing...)

AAA spokeswoman Cathy Rossi told Baldini that the shortages were due to "logistics."

She said that a switch from MTBE to ethanol as a fuel additive is causing the shortages, and that more ethanol was in transit to refinieries.

Rossi said the shortages were expected to be temporary.


Really? Hang on--here's more from the article:
By temporary, AAA and other experts said the shortage situation could be for as long as 30 days. The news was unwelcome to drivers who saw a big jump at the gas pumps overnight. On Thursday morning, NBC 10 reported that prices at some local gas stations had hit $3 per gallon.

An NBC 10 news van stopping in Conshohocken, Pa., saw gas selling for $3.09 for a gallon of regular unleaded at a local station.

Don't expect those prices to go down in the near future.


Won't even a 30-day shortage have a domino effect and cause more shortages down the road?

Let's all start praying, whether we belive in God or not...

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